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World financial crisis and Russian oil-and-gas complex
In the period of crisis, there was observed a short slowdown in implementation of the production and infrastructure projects by Russian oil-and-gas production complex. We show that there was no notable drop in investments made into the oil-and-gas production and transport while a critical reduction in financing the geologic explorations happened. The world oil and gas prices decreased in relation to their peak values, but remain at the level exceeding the values of the last decades, and show tendency to grow.
Korzhubaev A. G. [email protected]
Keywords: crisis oil crisis banks prices oil dynamics production gas
West-Siberian oil-and-gas complex: problems and decisions
The study analyses the issues of the development of the West-Siberian oil-and-gas complex. Before the 1990-s, when the complex was creating as a new national base of oil-and-gas production, the country faced the difficulties due to the lack of investments, equipment, materials, and vehicles, as well as a housing deficit, whereas later the reducing efficiency of the complex's operating was observed. The causes of this economic phenomenon are analyzed here. We also outline a long-run policy of the oil-and-gas production in the region
Bykovsky V. A. [email protected]
Keywords: North North West Siberia development production oil-and-gas industry assessment gas
